Orion Energy Systems Inc expected to post a loss of 7 cents a share - Earnings Preview

Orion Energy Systems

04/11/2022 19:34

* Orion Energy Systems Inc  OESX.OQ   OESX.O  is expected
to show
a fall in quarterly revenue when it reports  results on November
8. 
    * The Manitowoc Wisconsin-based  company is expected to
report  a
47.7% decrease in revenue to $19.101 million from $36.51 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. The company's guidance on August 3
2022, for the period ended September 30, was for revenue between
$18.26 million and $18.62 million.
    * ​Refinitiv's mean analyst estimate for Orion Energy
Systems Inc
is for a loss of 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Orion
Energy
Systems Inc is $4​, above​ its last closing price of $1.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -0.02       -0.02      -0.09     Missed  -260
 Mar. 31 2022  -0.02       0.00       -0.04     Missed  -1,500
 Dec. 31 2021  0.03        0.05       0.04      Missed  -11.1​
 Sep. 30 2021  0.09        0.09       0.12      Beat    33.3
 ​​Jun.        0.07        0.08       0.08      Met     3.2
 30 2021                                                
 Mar. 31 2021  0.08        0.10       0.71      Beat    592.7​
 Dec. 31 2020  0.17        0.17       0.14      Missed  -18.8
 Sep. 30 2020  0.00        0.00       0.06      Beat    2,300
 This summary was machine generated November 4 at 19:34 GMT.  All
figures in US dollars  unless otherwise stated